LOS ANGELES--(BUSINESS WIRE)--OriginOil, Inc. (OTCBB:OOIL), the developer of a breakthrough technology to transform algae, the most promising source of renewable oil, into a true competitor to petroleum, announced today that it has named Cerrell Associates Inc. (CAI) as its public relations agency of record.
“Cerrell Associates has quality expertise in providing long-term strategic counsel, media and public relations, corporate communications direction and program implementation which will help us achieve our goal to be the leader in the algae-to-oil sector,” said Riggs Eckelberry, OriginOil, Inc.'s Chief Executive Officer. “In choosing Cerrell, we have much more than highly effective branding and communications -- we have a team partner in promoting algae as a viable source of renewable energy.”
“We are proud to work with OriginOil, Inc. because they are a true innovator in the renewable energy arena,” said Mark Wittenberg, Principal and Executive Vice President of Cerrell Associates, Inc. “With oil over $125 a barrel, and food-based fuels quickly becoming less viable, OriginOil is ready to capitalize on its unique technology that will transform algae to oil.”
Cerrell Associates works with many of the country's most high profile corporate, non-profit, political, environmental and trade organizations. Sound strategies help CAI clients achieve their public relations goals.
Los Angeles-based Cerrell Associates Inc. (CAI) specializes in public affairs, political consulting, issues management, public relations, corporate communications direction and media, land use, and government relations. Founded in 1966, CAI has the fourth largest environmental practice in the United States, and is one of the nation's largest independent public relations firms according to O'Dwyers 2007 Directory of Public Relations Firms. It is the sixth largest in Southern California.
Cerrell Associates does not have any interest, directly or indirectly, in OriginOil, Inc., or any right or intent to acquire such an interest.
About OriginOil, Inc.
OriginOil™, Inc. is developing a breakthrough technology that will transform algae, the most promising source of renewable oil, into a true competitor to petroleum. Much of the world's oil and gas is made up of ancient algae deposits. Today, our technology will produce "new oil" from algae, through a cost-effective, high-speed manufacturing process. This endless supply of new oil can be used for many products such as diesel, gasoline, jet fuel, plastics and solvents without the global warming effects of petroleum. Other oil producing feedstock such as corn and sugarcane often destroy vital farmlands and rainforests, disrupt global food supplies and create new environmental problems. Our unique technology, based on algae, is targeted at fundamentally changing our source of oil without disrupting the environment or food supplies. To learn more about the Company, please visit our website, www.OriginOil.com.
Safe Harbor Statement:
Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein, and while expected, there is no guarantee that we will attain the aforementioned anticipated developmental milestones. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company.
OriginOil(TM), Inc. (OTCBB:OOIL), developer of a breakthrough renewable energy technology to help transform algae into energy, has named Cerrell Associates Inc. (CAI) as its public relations agency of record.
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